The Secretary of Finance, Pablo Quirno, announced that a bonte bonus that may be subscribed with dollars for international investors will be available in the second Bonte Bonus.
The title at fixed rate in pesos, has expiration in May 2030 and is for an amount of up to US $1 billion. The entry of currencies obtained through this operation will be destined to strengthen the reserves of the Central Bank. The call for bid plus the payments of coupons and amortizations in pesos made last week that ascend in its entirety to $ 8.55 billion.
In this tender they will be offered:
- Bonte 5/5/2030
- LECAP A: 06/30/25 – 07/31/25 – 08/29/25 – 11/28/25
- BANCAP A: 01/30/26 – 05/31/26
- Zero coupon bonce at: 10/30/26
The Minister of Economy, Luis Caputo, valued the announcement in his X -remark account that “Argentina wins access to international markets again, to refinance debt capital in local currency”pointing out that it is “something that the vast majority of countries do normally, but that for Argentina it was not possible, given the inherited economic collapse.”
In that sense, he recalled that “product of this, it was that last year the Central Bank was able to accumulate only a lower percentage of the record purchases of dollars in the market, since not only the interest had to be paid, but also the capital of the debt maturities.”
At the same time, he clarified that “It is important to emphasize that this operation does not imply an increase in gross debt, nor net “, indicating that it represents “only an increase in the level of reserves in BCRA dollars and a significant extension of the duration of the local currency debt.”
The tender aims to capture currencies Without going through the change free market (Mulc)which avoids pressure on the official dollar. Instead of selling dollars and receiving pesos, foreign investors They will deliver their currencies directly to the treasurewhich will assign bonds in local currency. The BCRA enabled this possibility last Thursday.
Source: Ambito
I am a 24-year-old writer and journalist who has been working in the news industry for the past two years. I write primarily about market news, so if you’re looking for insights into what’s going on in the stock market or economic indicators, you’ve come to the right place. I also dabble in writing articles on lifestyle trends and pop culture news.
